Poa by a pvt ltd company
at your mercy
(Querist) 22 May 2025
This query is : Resolved
Is the following legal requirement for POA given by the company especially selling UDS to buyers for flat construction? resoution only is given to a staff to sign on behalf of the company
A company resolution and a Power of Attorney (POA) are used in conjunction to authorize an agent to act on behalf of a company, especially when selling property. The POA needs to be registered with the Sub-Registrar's office to be legally valid in India, as per the Indian Registration Act. This registration ensures the document is legally enforceable and protects both the principal (the company) and the agent. (in essence, the company resolution sets the stage for the action, while the POA empowers the agent to execute the action, and registration with the Sub-Registrar ensures the POA is legally sound and enforceable. )
T. Kalaiselvan, Advocate
(Expert) 23 May 2025
Yes, it is mandatory to register certain deeds pertaining to the transaction of immovable property in India, as per section 17 of the Indian Registration Act, 1908. Specifically, sale deeds, agreements for the transfer of immovable property, and other instruments that create, declare, assign, limit, or extinguish any right or title to immovable property must be registered if the value of the property is more than Rs. 100/-
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